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Gold/Mining/Energy : Suntech Power Holdings Co.
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From: Sam8/18/2009 3:47:14 PM
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Suntech Power puts more active than calls into EPS
08/18 03:45 PM

Suntech Power (STP:$16.29,00$-0.41,00-2.46%) is recently down 41c to $16.29. STP is scheduled to report Q2 EPS before the market open on August 20. STP August 16 straddle is priced at $1.90, September is at $3.35. STP call option volume of 7,414 contracts compares to put volume of 14,709 contracts. STP September option implied volatility of 87 is near its 26-week average according to Track Data, suggesting non-directional price movement.
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